Rajan purchased a purse at 25% discount on its marked price but sold it at the marked price. find the gain per cent of rajan on this transaction.
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Answer:
33.33 %
Explanation:
Let the Marked Price be Rs.100.
Discount for Rajan = 25% of Rs.100 = Rs.25
Cost price for Rajan = Rs.(100 - 25) = Rs.75
Selling Price = Rs.100
Profit = S.P. - C.P. = Rs.(100 - 75) = Rs.25
Profit % = 25/75 x 100 = 100/3 % = 33.33 %
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